Wall Street Journal Turns 125 Under Rupert Murdoch

The Wall Street Journal turns 125 today, with over 2 million subscribers — more than any other newspaper in the U.S. Its first issue went on sale on this day in 1889 for 2 cents. Today, it sells for $2.

So far, The Wall Street Journal has won 34 Pulitzer Prizes and led with innovations that are now standard for the newspaper industry, such as printing on both coasts on the same day to be a truly national paper.

NPR's David Folkenflik, author of "Murdoch's World: The Last of the Old Media Empires," joins Here & Now's Jeremy Hobson to talk about the paper's distinguished history, it's place in U.S. media and how the paper has changed under the ownership of Australian media baron Rupert Murdoch.